I am getting excited now, as the end of september is looming... what will happen? will we spend the 5million? or will we all be suprised and get the great news?
While my gut tells me we will probably end up paying the 5million, part of me thinks... there is a chance ME might pull this off.
What if the big oil and gas companies are just pressuring us to sign an agreement purely because they know we have a limited time to agreed to a JV or otherwise it will cost us 5million. There obviously "still doing DD" otherwise FAR would have to report it to the market... so if you wernt interested, you would just so right? which would mean no one would be doing DD... but companies are obviously still doing DD... which in my opinion means "bartering"... I wouldnt be suprised to see a last minute agreement - when they realized ME is prepared to spend the 5million on the lease extention which gives us another year to talk to other big O&G companies...
i am excited.
Luke.
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I am getting excited now, as the end of september is looming......
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